The manufacturing and processing sector has taken the lead in attracting foreign direct investment (FDI) since the beginning of this year, pulling in 6.1 billion USD, or over 43 percent of the total.
Vietnam has sufficient conditions to achieve the twin targets of curbing the COVID-19 pandemic and securing economic growth in 2021, according to Country Director of the Asian Development Bank (ADB) Andrew Jeffries.
Ho Chi Minh City’s Index of Industrial Production (IIP) rose 7.4 percent year-on-year in the first five months of 2021, according to the municipal Department of Industry and Trade.
Vietnam’s elections of deputies to the 15th National Assembly and the People’s Councils at all levels for the 2021-2026 term are of great significance, said Veeramalla Anjaiah, a senior research fellow at the Centre for Southeast Asian Studies in Jakarta and a senior journalist.
The following is the full text of remarks by Prime Minister Pham Minh Chinh at the 26th International Conference on the Future of Asia.
Vietnam has seen the strongest growth of the Purchasing Managers' Index among seven countries surveyed in ASEAN, marking the highest improvement it has seen in manufacturing since the end of 2018.
Ho Chi Minh City’s Index of Industrial Production (IIP) rose 9.7 percent year-on-year in the first four months of 2021, signalling a positive outlook for the local economy in the face of COVID-19, according to the municipal Department of Industry and Trade.
Leading economic experts forecast an optimistic growth outlook for Vietnam in 2021 despite the COVID-19 pandemic.
The portal of the Austrian Federal Economic Chamber has run an article hailing Vietnam’s consistent, drastic and effective measures against the COVID-19 pandemic, adding that the Vietnamese market remains attractive to Austrian firms.
Vietnam’s success in the fight against COVID-19 and its overall stability have increased its competitiveness and resulted in positive outcomes in foreign direct investment (FDI) attraction since the start of the year, Director of the Foreign Investment Agency under the Ministry...
Vietnam’s index of industrial production (IIP) in April is estimated to rise by 24.1 percent year-on-year, driven by the positive impact of free trade agreements (FTA), according to the General Statistics Office.
HCM City reported a foreign direct investment (FDI) influx of 1.14 billion USD in the first four months of 2021, posting a year-on-year decline of 12.92 percent.
Vietnam’s economic growth is expected to rebound to 6.7 percent this year despite the recent resurgence of the COVID-19 pandemic in nearby countries, and rise to 7 percent in 2022, according to the Asian Development Bank (ADB).
Vietnam’s economic growth is expected to rebound to 6.7 percent this year despite the recent resurgence of the COVID-19 pandemic in nearby countries, and rise to 7 percent in 2022, according to the Asian Development Bank (ADB).
In the first four months to April 20, foreign investors pumped 12.25 billion USD in Vietnam, equal to 99.3 percent of the amount recorded in the same period last year.
Vietnam posted a trade surplus of nearly 1.9 billion USD in the first four months of the year, according to the Ministry of Planning and Investment’s Foreign Investment Agency.
Vietnam’s job market showed strong signs of recovery in the first quarter of 2021, opening up various opportunities for workers, especially highly-skilled workers.
Belgian enterprises expressed their interest in Vietnam’s economic prospects and business cooperation opportunities in the Southeast Asian country at a talk held in Brussels on April 22.
Ton Ngoc Hiep, who already opened 10 Vietnamese “pho” (noodle soup) restaurants in Kuala Lumpur, Malaysia, is planning to bring the brand to the UK and the US.
Vietnam's manufacturing PMI hit 53.6 points in March, up from 51.6 in February, according to a report by the London-based global information provider IHS Markit.
The UK's forecasting and quantitative analysing company Oxford Economics has given positive assessments on Vietnam, highlighting the rising role of the country in the global manufacturing supply chains.